All articles by Verdict Staff

Verdict Staff

Blueleaf selects Quovo as data partner for aggregation of client accounts

Blueleaf, a client engagement, data automation and reporting platform for advisors and clients, has chosen Quovo, a financial data science company that meets the needs of the wealth management industry, as its data partner for the smarter aggregation of their clients’ held-away accounts.

BTG Pactual net income almost doubles in Q3

Brazilian investment bank BTG Pactual has posted a net income of BRL1.5bn ($397m) for the third quarter of 2015, a surge of 96% compared to the year ago quarter.

Aviva Investors unveils two new multi-strategy funds in Singapore

Aviva Investors, the asset management business of Aviva, has unveiled two new multi-strategy funds in Singapore to target institutional investors and certain restricted categories of investors, including HNWIs.

Schroders year to date pre-tax profit up 21%

British fund manager Schroders has posted a pre-tax profit of £438.9m for nine months to 30 September 2015, a rise of 21% from £364.2m a year earlier.

OneVue buys Super Managers Australia for $5.2m

OneVue, an Australia-based investment and administration platform provider, has acquired 100% of Super Managers Australia to further expand its presence in the super administration space for $5.2m.

Veneto Banca in talks to sell private banking unit to Swiss bank BSI

Italian cooperative bank Veneto Banca has entered into exclusive talks with Swiss bank BSI for the possible sale of its private banking unit Banca Intermobiliare (BIM).

SMP Partners to buy RBC’s trust, custody and fund administration unit in the Caribbean

SMP Partners, an Isle of Man-based independent trust and corporate services provider, has agreed to purchase RBC’s trust, custody and fund administration businesses in the Caribbean.

SocGen’s asset and wealth management arm posts 7% fall in Q3 income

The asset and wealth management business of French bank Societe Generale has reported net income of EUR62m for the third quarter of 2015, down 7% compared to EUR67m in the year ago quarter.

Old Mutual Wealth Q3 gross sales up 45%

Old Mutual Wealth said its gross sales rose by 45% to £5.5bn in the third quarter of 2015 from to £3.8bn a year ago.

Russell Investments names new fiduciary management head

Russell Investments, the asset management unit of London Stock Exchange Group, has appointed Sarah Leslie as new head of fiduciary management for the UK and Ireland.